Save Article

Bond's Return to Yield Winners

Revival of 30-Year Treasury Sales
Could Aid Security of Pensions,
Profits of Traders and Investors

By

Mark Whitehouse Staff Reporter of THE WALL STREET JOURNAL

Updated Aug. 3, 2005 12:01 a.m. ET

Today's expected announcement that the U.S. will bring back the 30-year Treasury bond after a four-year hiatus could help secure Americans' pension benefits, boost Wall Street profits and even increase long-term interest rates.

Which isn't to say the return of the "long bond," as it is often referred to by traders, would be a triumph for Uncle Sam. The government would effectively be recognizing a need to finance large...